Extreme weather events and increasing regulations are driving up costs to businesses and governments. How can companies prepare for the possible financial consequences of physical climate risks, such as wildfires, heat waves, and hurricanes? Leveraging climate scenario analysis can provide your organisation with greater insight into your risk exposure to physical climate hazards, helping inform risk management, strategic planning, and financial planning.
In this webinar, we looked at:
- Understanding what climate scenario analysis is, including scientific scenarios and available data.
- Why it is useful as a strategic method in risk management.
- Emerging regulatory drivers and requirements, including in CSRD, CA SB 261 and the SEC’s proposed climate risk regulation.
- How to apply scenario analysis, who it is useful for and what its limitations are.